JPXN vs XBAP

Comparison between ISHARES JPX-NIKKEI 400 ETF (JPXN, ETF) and Innovator U.S. Equity Accelerated 9 Buffer ETF - April (XBAP, ETF).

5-Year PerformanceXBAP has outperformed JPXN, delivering a return of +9.5% compared to +8.7%

JPXN vs XBAP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JPXN(ETF)	XBAP(ETF)
Net Assets	$134M	$134M
Expense Ratio	0.48%	0.79%
Max Drawdown	56.49%	14.57%
Sharpe Ratio	1.26	2.55
5Y Beta	0.82	0.45
5Y Dividends CAGR	17.54%	N/A

Net Assets

JPXN

$134M

XBAP

$134M

Expense Ratio

Winner

JPXN

0.48%

XBAP

0.79%

Max Drawdown

JPXN

56.49%

Winner

XBAP

14.57%

Sharpe Ratio

JPXN

1.26

Winner

XBAP

2.55

5Y Beta

JPXN

0.82

Winner

XBAP

0.45

5Y Dividends CAGR

JPXN

17.54%

XBAP

N/A

JPXN vs XBAP - Historical Returns

Returns include dividend reinvestment.

Period	JPXN	XBAP
1 month	-1.37%	+0.76%
3 months	+4.17%	+2.58%
6 months	+7.57%	+8.09%
1 year	+23.23%	+13.16%
5 years(CAGR)	+8.68%	+9.52%
10 years(CAGR)	+8.74%	N/A
Max(CAGR)	+5.30%	+9.78%

JPXN

-1.37%

Winner

XBAP

+0.76%

Winner

JPXN

+4.17%

XBAP

+2.58%

JPXN

+7.57%

Winner

XBAP

+8.09%

Winner

JPXN

+23.23%

XBAP

+13.16%

5Y(CAGR)

JPXN

+8.68%

Winner

XBAP

+9.52%

10Y(CAGR)

JPXN

+8.74%

XBAP

N/A

Max(CAGR)

JPXN

+5.30%

Winner

XBAP

+9.78%

JPXN vs XBAP - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	JPXN	XBAP
2026	+12.26%	+8.41%
2025	+26.24%	+13.40%
2024	+7.51%	+11.71%
2023	+19.38%	+20.79%
2022	-16.26%	-7.76%
2021	+1.29%	+7.48%
2020	+13.93%	N/A
2019	+18.54%	N/A
2018	-15.31%	N/A
2017	+24.39%	N/A
2016	+4.90%	N/A
2015	+10.41%	N/A
2014	-5.18%	N/A
2013	+21.40%	N/A
2012	+9.44%	N/A
2011	-17.23%	N/A
2010	+11.09%	N/A
2009	+2.75%	N/A
2008	-27.57%	N/A
2007	-6.43%	N/A
2006	+5.08%	N/A
2005	+24.52%	N/A
2004	+11.06%	N/A
2003	+35.19%	N/A
2002	-9.93%	N/A
2001	-10.01%	N/A

JPXN vs XBAP Drawdown Comparison

The maximum drawdown for JPXN was -55.53%, occurring on Mar 9, 2009. Recovery took 2783 trading sessions.

The maximum drawdown for XBAP was -14.57%, occurring on Oct 12, 2022. Recovery took 268 trading sessions.

The current JPXN drawdown is -4.91%. The current XBAP drawdown is -0.61%.

Rank	JPXN	XBAP
#1	-55.53% May 9, 2006 - May 30, 2017	-14.57% Apr 4, 2022 - Apr 28, 2023
#2	-33.49% May 24, 2002 - Oct 3, 2003	-8.25% Apr 2, 2025 - May 12, 2025
#3	-33.20% Sep 15, 2021 - Mar 6, 2024	-4.59% Jul 16, 2024 - Aug 19, 2024
#4	-31.62% Jan 26, 2018 - Nov 9, 2020	-4.22% Sep 14, 2023 - Nov 8, 2023
#5	-19.95% Oct 26, 2001 - Mar 7, 2002	-3.22% Feb 19, 2025 - Mar 24, 2025
#6	-19.35% Apr 5, 2004 - Sep 1, 2005	-3.20% Apr 1, 2024 - May 9, 2024
#7	-13.95% Sep 26, 2024 - May 5, 2025	-2.54% Jan 11, 2022 - Mar 18, 2022
#8	-13.11% Feb 11, 2026 - Jun 18, 2026	-2.34% May 7, 2021 - May 28, 2021
#9	-11.60% Jul 16, 2024 - Aug 23, 2024	-2.14% Aug 30, 2024 - Sep 19, 2024
#10	-10.81% Oct 21, 2003 - Jan 2, 2004	-1.76% Jul 28, 2023 - Aug 30, 2023
#11	-9.79% Mar 11, 2002 - May 17, 2002	-1.54% Nov 16, 2021 - Dec 8, 2021
#12	-8.85% Feb 17, 2021 - Sep 3, 2021	-1.47% Apr 28, 2023 - May 17, 2023
#13	-7.46% Jan 9, 2006 - Mar 20, 2006	-1.45% Sep 3, 2021 - Oct 15, 2021
#14	-6.96% Mar 21, 2024 - Jul 10, 2024	-1.45% Jul 2, 2021 - Jul 23, 2021
#15	-6.89% Sep 29, 2005 - Nov 7, 2005	-1.42% May 19, 2025 - Jun 2, 2025